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Posted on 4/19/21 at 12:12 pm to JayDeerTay84
quote:
It’s like investing in a tire manufacturer when you learned of Tesla. “Every Tesla will need tires!” What has the bigger upside? The blockchain project or middleware? Obviously a rising tide lifts all boats. ChainLink isn’t even revolutionary. It’s just a tokenized Oracle. If anything it adds bloat. At some point, as companies move on the chain, there won’t be a need to connect on and off chain.
I wonder when you’ll realize you’re wrong.
Posted on 4/19/21 at 12:14 pm to JayDeerTay84
quote:
I never said you couldn’t make money on link lol. Just if I was to look at ETH VS Link in the long run, it would make more since that once ETH 2.0 hits it outperforms Link.
I don’t disagree that eth might outperform link but I do think you are selling link short. Link was a huge driver in starting the defi boom
Posted on 4/19/21 at 12:23 pm to lsu777
quote:
is this a private discord?
quote:
yes
:sadface:
Posted on 4/19/21 at 12:25 pm to DallasTiger11
quote:
I don’t disagree that eth might outperform link but I do think you are selling link short. Link was a huge driver in starting the defi boom
It’s pretty quick to understand what Chainlink is...but a little more time to learn why that’s valuable and far reaching. It’ll be back in the top 5 soon enough.
Posted on 4/19/21 at 12:37 pm to finchmeister08
quote:
:sadface:
Might be the Altcoin Collective
It’s free but you can also pay I think $25 to get access to VIP calls. There are some sharp folks there
Posted on 4/19/21 at 1:20 pm to Ron Cheramie
Do technical trading patterns translate to crypto like stocks?
Posted on 4/19/21 at 1:55 pm to 21JumpStreet
quote:
Let me rephrase, do we see lower than 52 going forward?
very good possibility. there is a support line at 51,375, if it breaks that support you will see a drop it drop to the support around 48,500 and then it bounces and finds the support or breaks through down to the 42,500-44,500 and bounces before roaring back to the 66-68 range.
here is latest analysis from Kub
then posted
quote:
We failed to close the daily candle above 57.7k and are likely to head down for the next couple of days.
yes this is from the altcoin collective. Best group i have found so far. The vip group is 100% worth the 25 a month.
Posted on 4/19/21 at 1:59 pm to Hu_Flung_Pu
quote:
Do technical trading patterns translate to crypto like stocks?
yes....but crypto can be manipulated easier through social media and is more susceptible to panic buying and selling. like rocket said earlier many times the best fundamental coin is not the one that you will make money on.
charts are still easy to read.
Posted on 4/19/21 at 2:37 pm to lsu777
Where do y’all do your technical since I can’t do it on fidelity for crypto?
Posted on 4/19/21 at 2:52 pm to Hu_Flung_Pu
well its not like a stock where you look at the financials. You have to essentialyl do the research yourself and read white papers and understand real world applications. or you join a technical analysis group or watch youtube.
bitboy, altcoin daily are two good youtube channels.
bitboy, altcoin daily are two good youtube channels.
Posted on 4/19/21 at 3:02 pm to lsu777
It seems pretty evident that many of the alts, with a few exceptions on coinmarketcap seemed to be tied at the hip with bitcoin as their charts are similar currently. Doge and Solana and a few others (on page one) are the exceptions and seem to moving independently at the moment.
Posted on 4/19/21 at 3:08 pm to civilag08
quote:
It seems pretty evident that many of the alts, with a few exceptions on coinmarketcap seemed to be tied at the hip with bitcoin as their charts are similar currently. Doge and Solana and a few others (on page one) are the exceptions and seem to moving independently at the moment.
to a certain extent yes. main times though an alt will 10x while btc may only go up 10%.
right now the money to be made is in alts if you want to do short term trades. long term its btc, link, eth, grt, ada, dot, bnb and a couple others.
Posted on 4/19/21 at 3:16 pm to lsu777
quote:
well its not like a stock where you look at the financials.
I’m talking graph reading where you see stuff like head and shoulders, double bottom, pendants, channels, etc
Posted on 4/19/21 at 3:17 pm to Hu_Flung_Pu
Channels and flags seem to hold up pretty well.
Posted on 4/19/21 at 3:22 pm to Hu_Flung_Pu
alt coin collective on discord post really good graph analysis, the vip is 100% worth it.
other than that you can loko on trading view and aurix if you want to do the analysis yourself.
other than that you can loko on trading view and aurix if you want to do the analysis yourself.
Posted on 4/19/21 at 3:32 pm to lsu777
Posted on 4/19/21 at 3:46 pm to Douglas Quaid
3 outcomes IMO:
1- Regulations hurt crypto (bitcoin)
2- Regulations legitimize crypto (bitcoin)
3- Nothing burger
1- Regulations hurt crypto (bitcoin)
2- Regulations legitimize crypto (bitcoin)
3- Nothing burger
Posted on 4/19/21 at 3:49 pm to TigerTatorTots
I concur
Posted on 4/19/21 at 3:52 pm to TigerTatorTots
I am pretty sure China is already on their way of entering a central bank digital currency (CBDC) into the global scene. They are also importing a bunch of gold...possibly backing some of it with gold (not sure)?
I would imagine there are serious conversation in our central bank also in creating a CBDC and I would imagine they would (hopefully) try to consult with some developers on moving in this direction. I guarantee you China is moving into a more dominant role in this regard. They may have more control of BTC (through literal power outages) then we may know.
I also know that some European banks have already moved in this direction (creating version of digital currencies) and similar ideas through some existing blockchains.
I would imagine there are serious conversation in our central bank also in creating a CBDC and I would imagine they would (hopefully) try to consult with some developers on moving in this direction. I guarantee you China is moving into a more dominant role in this regard. They may have more control of BTC (through literal power outages) then we may know.
I also know that some European banks have already moved in this direction (creating version of digital currencies) and similar ideas through some existing blockchains.
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